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Dwarka To Soon Be Home To Delhi's Second DiplomaticThe first Diplomatic Enclave, developed in 1950, is home to nearly 60 embassies and many such embassies operate out of rented apartments. The new Diplomatic Enclave, which will be spread in an area of 34.87 hectares, will be a boon for the growing list of diplomatic missions and embassies setting up base in India.
City Beat: Hyderabad Witnesses A Dip In New LaunchesProperty prices in Hyderabad have seen only a marginal annual increase in September.
City Beat: Post Demonetisation, Property RegistratioAfter Prime Minister Narendra Modi announced demonetisation of higher denomination notes on November 8, municipal corporations across major cities in India have witnessed a dip in property tax collection. Pune has been no different, and has registered a drop of 31 per cent.
City Beat: Cash Dries Up, Sales Plummet in ChandigarAs cash dries up post-demonetisation, the number of sale deeds registered in the city too has shrunk. The data with revenue department show that while 127 sale deeds were registered in a month starting 8 October, the number dipped to 91.
City Beat: Want To Construct Over Permissible FSI InA cess of Rs 5,000 for every additional square metre will be levied on those planning to redevelop old and dilapidated buildings in the suburbs of Mumbai. This will have to be paid during the construction period and will be used to develop the offsite infrastructure of the building.